Colombia completed largest dollar sale since May 2020

RIO DE JANEIRO, BRAZIL – Colombia’s Public Credit Directorate announced that, during September 2021, it completed dollar sales of US$2.2 billion. The figure represents the most significant sale since May 2020, when the country’s Public Credit Directorate reported sales of US$2.5 billion;

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It should be recalled that Colombia has made several operations in dollars, such as the allocation of the special drawing rights from the International Monetary Fund and the sale of 51.4% of ISA, held by the government, to Ecopetrol.

Likewise, Colombia then records 19 months selling dollars. The highest amount recorded for 2021 had been reported in January: US$1.4 billion.

February 2020 was the most recent time when the Public Credit Office announced the purchase of dollars by the Colombian Government: US$33.6 million.

The sale of dollars by the Government of Colombia had registered a total of US$1 billion in August 2021.

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